Welcome to our dedicated page for Cadence Design System news (Ticker: CDNS), a resource for investors and traders seeking the latest updates and insights on Cadence Design System stock.
Cadence Design Systems Inc (CDNS) provides critical electronic design automation (EDA) software and semiconductor intellectual property solutions powering modern chip development. This news hub offers investors and industry professionals centralized access to official announcements and market-relevant updates.
Track earnings reports, product launches, and strategic partnerships shaping the EDA landscape. Our curated collection ensures timely access to developments impacting semiconductor design innovation across automotive, AI hardware, and IoT sectors.
Discover how Cadence's tools in digital verification, custom IP blocks, and system-level integration address evolving industry challenges. Bookmark this page for streamlined monitoring of operational milestones and technology advancements directly from the source.
Cadence (CDNS) has announced a definitive agreement to acquire Secure-IC, a leading embedded security IP platform provider. The acquisition aims to enhance Cadence's expanding IP portfolio with Secure-IC's embedded security IP, solutions, evaluation tools, and services.
Secure-IC's customer base includes prominent companies like SK Hynix Memory Solutions America, Synaptics, Silicon Labs, and Faraday Technology. The company has completed over 500 successful projects worldwide and operates from its headquarters in Rennes, France, with eight additional offices globally.
The integration will combine Secure-IC's solutions (Securyzr™, Laboryzr™, and Expertyzr™) with Cadence's expertise in IP and subsystem design. The transaction is expected to close in the first half of 2025, subject to regulatory approvals and customary conditions. The acquisition is anticipated to be immaterial to revenue and earnings this year.
Cadence Design Systems (Nasdaq: CDNS) has announced its upcoming fourth quarter and fiscal year 2024 financial results webcast, scheduled for Tuesday, February 18, 2025, at 2:00 p.m. Pacific Time. The presentation will feature Dr. Anirudh Devgan, president and CEO, alongside John Wall, senior vice president and CFO.
The webcast recording will be accessible online from 5:00 p.m. Pacific Time on February 18, 2025, until 5:00 p.m. Pacific Time on March 17, 2025, through the company's investor relations website.
Cadence Design Systems highlighted its commitment to disability inclusion through its Abilities Inclusion Group initiatives. The company celebrated International Day of Persons with Disabilities with guest speaker Melissa Stockwell, a four-time Paralympian. The Abilities Inclusion Group, in partnership with the Cadence Giving Foundation, collaborated with Special Olympics Northern California to support athletic training for individuals with disabilities.
Christina Jamerson, Abilities Inclusion Group Lead and Demand Gen Director, participated in a panel discussion about workplace inclusion and outlined plans for 2025. The company organized resource fairs to promote employee resource groups (ERGs) and foster community engagement.
Cadence Design Systems (CDNS) has announced the appointment of Moshe Gavrielov to its board of directors, effective January 1, 2025. Gavrielov brings significant industry experience, currently serving on the boards of NXP Semiconductors and TSMC, and chairing Foretellix and SiMa.ai. He previously served as president and CEO of Xilinx from 2008 to 2018, where he led the company's transformation from an FPGA supplier to an 'All Programmable' solutions provider. Notably, Gavrielov has prior experience with Cadence, having served as executive vice president and general manager of its verification division from 2005 to 2007. The appointment aims to leverage his deep industry knowledge and ecosystem relationships to accelerate growth and enhance shareholder value in the AI era.
Cadence Design Systems (CDNS) announced a collaboration with Rapidus to develop co-optimized AI-driven reference design flows and IP portfolio supporting Rapidus' 2nm gate-all-around (GAA) process with backside power delivery network (BSPDN) technology. The partnership aims to address increasing design challenges in the semiconductor industry, focusing on power, performance, and area requirements.
The collaboration includes numerous Cadence solutions, such as Cerebrus Intelligent Chip Explorer, JedAI Solution, and various other digital and analog/mixed signal tools. Customers will have access to Cadence's interface and memory IP components, including HBM4, 224G SerDes, and PCIe 7.0.
AST SpaceMobile and Cadence Design Systems announced their collaboration to develop the AST5000 ASIC, a custom chip designed for space-based cellular broadband network accessible by everyday smartphones. The chip enables up to a tenfold improvement in satellite processing bandwidth and is a key component of AST SpaceMobile's BlueBird program. Using Cadence's tools, IP, and Palladium Emulation Platform, the AST5000 ASIC is designed to support up to 10,000 MHz of processing bandwidth per satellite with data speeds up to 120 Mbps, enabling voice calls, data, and video applications through space-based cellular broadband.
Cadence Design Systems (Nasdaq: CDNS) has announced that President and CEO Anirudh Devgan will participate in a fireside chat at the Nasdaq 51st Investor Conference, hosted in collaboration with Morgan Stanley. The event is scheduled for December 10, 2024, at 9:00 a.m. GMT.
The presentation will be accessible via live webcast on the company's website at cadence.com/cadence/investor_relations and will remain available for replay for 180 days following the event.
Cadence Design Systems is transforming hearing aid technology through advanced DSP solutions. The company's Tensilica HiFi and Fusion F1 DSP family offers low-power, high-performance solutions for modern hearing aids, addressing key challenges in the industry. With over 5% of the global population requiring hearing rehabilitation, Cadence's technology focuses on improving signal processing, noise reduction, and incorporating AI capabilities. The company has collaborated with GlobalFoundries, Hoerzentrum Oldenburg, and Leibniz University Hannover to develop SmartHeAP, the industry's first binaural hearing aid system-on-chip prototype.
Cadence Design Systems (CDNS) has been ranked #9 on Fortune Magazine and Great Place To Work's World's Best Workplaces 2024 list. This marks the ninth time Cadence has appeared among the 25 global leaders selected from thousands of organizations, representing 20 million employees worldwide.
The company stood out for creating exceptional employee experiences and fair workplaces, with 93% of employees expressing pride in working at Cadence and 90% feeling they make a difference. Employees work on transformative technologies including AI, 5G, autonomous driving, and life sciences.
In 2024, Cadence also received Best Workplace recognitions in multiple countries including Brazil, Canada, China, France, Germany, India, and others, while ranking #9 on Fortune's 100 Best Companies to Work For in the United States.
Cadence Design Systems (CDNS) has been ranked #9 on Fortune Magazine and Great Place To Work's World's Best Workplaces™ 2024 list. This marks the ninth time Cadence has appeared on this prestigious list, which recognizes only 25 global leaders from thousands of organizations representing 20 million employees worldwide.
The company stood out for creating exceptional employee experiences and maintaining high-trust relationships. With 93% of employees expressing pride in working at Cadence and 90% feeling they make a difference, the company excels in fostering an inclusive culture. Employees work on transformative technologies including AI, 5G, and autonomous driving while collaborating with leading tech companies.
In 2024, Cadence also achieved Great Place To Work recognition in 13 countries and ranked #9 on Fortune's 100 Best Companies to Work For list in the United States.
